Ramelius 4-Year Outlook Better Than Expected — Market Talk
Ramelius Resources' new FY 2030 production target is, at its midpoint, 12% above consensus, says RBC Capital Markets. The miner's FY 2030 all-in sustaining cost guidance, also at its midpoint, is 4% below consensus, the broker says. In the nearer term, Ramelius's FY27 production and AISC guidance are broadly in line with expectations, it says. RBC has a sector perform rating and 3.70 Australian dollar share target on Ramelius. The stock ended Friday at A$3.58. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)
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